Rupee rebounds to settle 11 paise higher at 88.66 against U.S. dollar
Rupee’s Rally Curtailed by Firm Dollar and Fund Outflows The Indian rupee tried to move higher but failed to make a sharp gain as forex traders pointed to a firm dollar, steady outflows of foreign funds and subdued domestic equity markets as key constraints. What held the rupee back? Strong dollar: A resilient US dollar … Read more